3515 W Cermak Road — Chicago, IL 60623
Pending
▼ $30,000
Chicago, IL 60623

3515 W Cermak Road

$169,000
5 beds · 2 baths
$30,000 below original 34 days on market $2,766/yr taxes
01About this home

Property requires a FULL RENOVATION and is more suited for investors or owner occupants ready to put in serious sweat equity! AS-IS SALE and requires significant repairs and updates. It will not qualify for traditional FHA or VA financing but is an excellent candidate for a 203k renovation loan. Located in the heart of the South Lawndale/Little Village neighborhood. Owned by the same family for decades, this property offers a rare opportunity to renovate and add value in a high demand area. Each unit features a classic layout with spacious living and dining rooms with original charm. The first floor unit offers two bedrooms, a living room, a separate dining room, one full bathroom, and a large walk in pantry. The second floor unit mirrors the same layout and includes an additional third bedroom, making it ideal for extended family living or increased rental income. The basement is unfinished and provides a great opportunity to expand the living area or add additional value through future improvements. The property has a recently rebuilt rear exterior stairwell and back porch, offering added safety and functionality. A large side yard enhances the lot size and includes a commercial sign that the current owner has rented out in the past, creating an additional income opportunity. This is a strong investment opportunity for an owner occupant or investor looking to add value in a vibrant and established community.

02Inside the home
03By the numbers
$169,000
List price
Square feet
5
Bedrooms
2
Bathrooms
1878
Year built
Lot size
2
Garage spaces
$2,766
Annual taxes
Two to Four Units
Style
34
Days on market
04Features
Heating
Radiant
Parking
UnassignedDrivewayGarage Faces SideOwned
Construction
Brick
Sewer
Public Sewer
05History

Every event we have for this address, straight from the MLS.

Mar 5, 2026
Price reducedThis listing
Real Broker, LLC
$169,000
−$30,000
Mar 4, 2026
PendingThis listing
$169,000
Feb 9, 2026
Listed for saleThis listing
Real Broker, LLC
$199,000
Jan 17, 2025
Sold
Baird & Warner · 2 days on market
$1,018,000
Sourced from MRED. Older events appear here as our history backfill completes.
06Ask Dwello

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07See it for yourself

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08Similar homes
Listed by Real Broker, LLC · Melanie Little · 630-781-2334
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12558859
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